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TipTVFinance

Sports Direct - All set for a spike

TipTVFinance  
LSE:SPD   None
sportsdirect
2
0
sportsdirect
Sharp rebound from the symmetrical triangle support last week followed by a bullish break from the pattern. coupled with the fact that the 50-DMA, 100-DMA and 200-DMA have bottomed out suggest th stock is poised for a rally.

Also note, the bullish 50-DMA and 200-DMA crossover is set to happen at the low end of the downtrend!
Aviso legal

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